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Carbon prices are the best way of getting us to Net Zero. The Emissions Trading Scheme can get the job done if the government lets it. Read more
The latest survey of New Zealand economists provides a clear steer for climate policy. Rather than use policies like fuel economy standards for imported vehicles, which target emissions already covered by the Emissions Trading Scheme’s cap on net emissions, the government should simply tighten the cap more quickly. Read more
If you thought central planning was buried with the fall of communism, you should look at the European Union. In recent years, the EU has been working on its so-called taxonomy. Read more
2022 will be an important year for the Government as it decides upon energy and emissions policies. Matt Burgess joins Ben Craven to talk about three of the important developments we can expect to see: • The effects of a $75 ETS price; • The Government’s Emissions Reduction Plan; and • The business case for the proposed Lake Onslow Battery scheme. Read more
Matt Burgess talks to Ben Craven about his latest NZ Herald column and submission on the Government’s Emissions Reduction Plan. Matt explains why most government policy interventions in the name of climate change cannot reduce emissions as they are already under New Zealand’s emissions cap. Read more
Call climate change a catastrophe. Worry about rising seas if you want. Read more
Matt Burgess joins Oliver Hartwich to discuss his latest research note, Climate of fear: How the Reserve Bank is overstepping its mandate. Matt’s research documents serious breaches of the RBNZ's responsibilities as regulator of the financial system, including one instance of misconduct. Read more
Wellington (Tuesday, 9 November 2021) The Reserve Bank of New Zealand (RBNZ) has no legal or democratic mandate for climate change, says a new report from think tank The New Zealand Initiative. Climate of fear: How the Reserve Bank is overstepping its mandate documents serious breaches of the RBNZ's responsibilities as regulator of the financial system, including one instance of misconduct. Read more
This week’s Financial Stability Report continues the Reserve Bank’s fascination with climate change. It says rising seas and changing weather patterns will lead to financial losses. Read more
Watching government agencies scramble to find solutions to problems they or other government agencies caused is darkly amusing. They rarely notice the root cause of the problem they are trying to solve, or that their proposed solutions only set the stage for the next round of problems to come. Read more